One of the best explanations of origins of the current financial crisis I've heard so far was from the radio show This American Life. It undergirds some of what I'll be saying tomorrow. You can listen to it or read a transcript here.
Link: http://www.thislife.org/Radio_Episode.aspx?episode=355
Saturday, October 11, 2008
The Giant Pool of Money
Posted by John R. Collins at 5:55 PM